Ramco Plexus secures Kenyan approval to buy Platinum Packaging

Kenya's Competition Authority unconditionally approved Ramco Plexus's acquisition of sole control of flexible packaging maker Platinum Packaging, which it will buy from Carton Manufacturers for about KES500m ($4.27m).

“The proposed transaction involves the acquisition of sole control of Platinum Packaging by Ramco Plexus, resulting in a change from joint control to sole control.”packaging-gateway.com

• 2 sources
• packaging-gateway.comRamco Plexus secures CAK approval to buy Platinum PackagingMay 16, 2022
• foodpackafrica.comRamco Plexus obtains CAK approval to purchase Platinum Packaging.Jun 27, 2022

Summarized from public sources; check the original articles before acting on it.